KapStone Paper and Packaging Corporation announced that effective January 1, 2017, Roger Stone is stepping down as KapStone's CEO. Roger will continue to be an integral part of the KapStone organization, as he will retain his role as Executive Chairman of the Board.
Matt Kaplan will assume the responsibilities of the CEO and continue as the Company's President.
Matt has served as Chief Operating Officer as well as President and Director of the Company since its inception in 2005.
Randy Nebel will be promoted to Executive Vice President of Integrated Packaging, responsible for both the Company's Mill and Corrugated Container operations.
Tim Keneally will retire from his position as Vice President, General Manager and President of the Container Division. However, Tim has agreed to continue to assist in the Company's important ongoing efforts to increase integration levels.
Bill Kessinger, currently Vice President and Mill Manager at Roanoke Rapids, will be promoted to Vice President and General Manager of the Mill system, and Pat Ortiz, currently Mill Division Director of Engineering, Environmental Affairs, and Safety, will be promoted to Vice President and General Manager of the Corrugated Container system.
KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States.
